Pre-opening Comments for Wednesday November 16th U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade. Index futures improved slightly following release of the October U.S. Retail Sales report at 8:30 AM EST. Consensus was an increase of 0.8%. Actual was an increase of 1.3%. Excluding auto […]

Pre-opening Comments for Tuesday November 15th U.S. equity index futures were higher this morning. S&P 500 futures were up 77 points in pre-opening trade. Equity index futures moved higher following release of economic news at 8:30 AM EST. October Producer Price Index was expected to increase 0.4% versus a gain of 0.4% in September. Actual […]

Pre-opening Comments for Monday November 14th U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points in pre-opening trade. Bank of America dropped $0.38 to $38.03 after Citigroup downgraded the stock from Buy to Neutral. Biogen gained $16.32 to $305.77 on renewed hopes for approval of its Alzheimer treatment. Teva […]

Pre-opening Comments for Friday November 11th U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points in pre-opening trade. Today is a partial holiday in the U.S. and Canada. Equity markets are open, but banks and bond markets are closed. Volumes on equity markets are expected to be significantly lower […]

  Subscriber Note There will be no Pre-opening comments available today.   Technical Notes for yesterday Consumer Discretionary SPDRs $XLY moved below $133.55 and $132.46 extending an intermediate downtrend. Walt Disney $DIS a Dow Jones Industrial Average stock moved below $90.71 and $90.23 following release of less than consensus fiscal fourth quarter results. Medtronic $MDT […]